A bull run in crypto is the perfect time to secure life-changing gains. However, profits on paper mean nothing if you can’t safely exit when the time comes. History has shown us that when markets turn volatile, exchanges freeze, banks impose limits, and panic ensues. To avoid getting trapped, a detailed and diversified exit strategy… Continue reading Crypto Bull Run Exit Strategy: Securing Your Profits
Category: Altcoins
Bitcoin Flips Silver: A New Milestone at $88,000
Bitcoin has once again made headlines, reaching a pivotal moment in its journey as it hits an all-time high of $88,000 per BTC. This surge not only marks a significant price level but also a historic milestone: Bitcoin’s market cap has officially surpassed that of silver. Understanding the Flippening: Bitcoin vs. Silver For decades, silver… Continue reading Bitcoin Flips Silver: A New Milestone at $88,000
What is a Stablecoin? Understanding Stablecoins: The Stable Cryptocurrency
A stablecoin is a type of cryptocurrency designed to maintain a stable value. Unlike other cryptocurrencies like Bitcoin or Ethereum, which can experience significant price volatility, stablecoins are pegged to a “stable” reserve asset like the U.S. dollar or gold. This pegging mechanism helps to reduce price volatility, making stablecoins a preferred choice for transactions,… Continue reading What is a Stablecoin? Understanding Stablecoins: The Stable Cryptocurrency
The Evolution of Bitcoin Dominance: Understanding Its Impact on the Crypto Market
A Brief History of Bitcoin Dominance In the dynamic world of cryptocurrencies, Bitcoin (BTC) remains the flag bearer, the first to lay the foundation of what we now know as the blockchain-based decentralised economy. Bitcoin dominance is a key metric that represents BTC’s percentage of the total cryptocurrency market cap. This article traces the journey… Continue reading The Evolution of Bitcoin Dominance: Understanding Its Impact on the Crypto Market
PayPal’s Halal U.S. Dollar Stablecoin: Bridging Islamic Finance and Digital Currency
PayPal’s U.S. Dollar Stablecoin: A Step Towards Halal Digital Currency In the ever-evolving world of digital currencies, PayPal has taken a significant step by launching its U.S. dollar-denominated stablecoin, PayPal USD (PYUSD). For those in the Muslim community, the question arises: How does this fit into the realm of Halal finance? What is PYUSD? PayPal… Continue reading PayPal’s Halal U.S. Dollar Stablecoin: Bridging Islamic Finance and Digital Currency
Embracing the Future: The Rise of Telegram Trading Bots Revolutionising Crypto Trading
The Rise of Telegram Trading Bots In recent years, the use of Telegram trading bots has seen a significant increase. These bots, like Unibot, are transforming the way traders interact with the cryptocurrency market. They offer a range of features that make trading more convenient and efficient, attracting more users to the crypto space. Convenience… Continue reading Embracing the Future: The Rise of Telegram Trading Bots Revolutionising Crypto Trading
Evaluating Initial Exchange Offerings (IEOs) from an Islamic Perspective
In the rapidly evolving world of blockchain and cryptocurrency, Initial Exchange Offerings (IEOs) have emerged as a popular method for startups to raise funds. As with any financial activity, Muslims are keen to understand the Islamic perspective on participating in IEOs. This article aims to provide an overview of IEOs and discuss their compatibility with… Continue reading Evaluating Initial Exchange Offerings (IEOs) from an Islamic Perspective
Building a Model Cryptocurrency Portfolio: Balancing Risk and Potential Rewards
Investing in cryptocurrencies can be an exciting and potentially profitable venture, but it’s essential to approach it with a well-thought-out strategy. One effective approach is to create a model portfolio based on your risk appetite and long-term investment goals. In this article, we will explore three different model portfolios—Low Risk, Medium Risk, and High Risk—and… Continue reading Building a Model Cryptocurrency Portfolio: Balancing Risk and Potential Rewards
Ultimate Guide to the Top 10 Halal Cryptocurrencies of 2023
As the world embraces the decentralised revolution, the demand for halal investment options has surged. In this comprehensive guide, we bring you the most anticipated list of the “Top 10 Halal Cryptocurrencies of 2023.” Brace yourself for a thrilling journey through the digital realm as we explore the crème de la crème of layer 1… Continue reading Ultimate Guide to the Top 10 Halal Cryptocurrencies of 2023
Why should Muslims consider investing in cryptocurrencies?
One of the main attractions of cryptocurrencies for Muslims is their potential to provide financial inclusion and access to the global financial system. Many Muslims live in countries with unstable currencies, high inflation, and limited access to financial services, making it difficult for them to save and invest their money. Cryptocurrencies, on the other hand,… Continue reading Why should Muslims consider investing in cryptocurrencies?